WHERE DOES OUR MONEY GO? GO? VILLAGES HOMEOWNERS ASSOCIATION - PowerPoint PPT Presentation

WHERE DOES OUR MONEY GO? GO? VILLAGES HOMEOWNERS ASSOCIATION CENTRAL/SOUTH WORKSHOP

CLEARING THE AIR…… ACRONYMS SLCDD Sumter Landing Community Development District VCCDD Village Center Community Development District VCDDs Numbered Village Community Development Districts (VCDD 5, 6, 7, 8, 9 10 and 11 – south of CR466) PWAC Project Wide Advisory Committee VPSD Villages Public Safety Department NSCUDD North Sumter County Utility Dependent District VLS Villages of Lake Sumter, Inc. (Developer) 2

THERE IS NO MYSTERY! There are 15 Special Districts HOWEVER, you receive services from only 4 Districts: VCCDD: Villages Public Safety Department SLCDD: Amenities NSCUDD: Sanitation (Garbage) Utilities for Districts VCDD 5, 6, 7 & 8 ONE OF THE VCDDs - 5, 6, 7, 8, 9, 10, or 11: Maintenance Deed Compliance 3

ELECTED OFFICIALS VCDD 5- Seat 1, Walter Martin, Chair; Seat 2, Jerry Knoll; Seat 3, Jerry Ferlisi; Seat 4, Chuck Wildzunas; Seat 5, Gary Kadow, Vice Chair VCDD 6- Seat 1, Sally Moss, Chair; Seat 2, John Calandro; Seat 3, Joyce Edmonds; Seat 4, Donna Kempa; Seat 5, Peter Moeller, Vice Chair VCDD 7- Seat 1, Dennis Broedlin; Seat 2, William VonDohlen; Seat 3, Ron Ruggeri, Vice Chair; Seat 4, Jerry Vicenti; Seat 5, Ron McMahon, Chair VCDD 8- Seat 1, Dennis Hayes; Seat 2, Sal Torname, Chair; Seat 3, Victor Ray, Vice Chair; Seat 4, Ray Banks; Seat 5, Joe Elliott VCDD 9- Seat 1, Steve Printz, Chair; Seat 2, Jack Reimer, Vice Chair; Seat 3, Diane Spencer; Seat 4, J.R. Rebecky; Seat 5, Steve Brown VCDD 10- Seat 1, Dennis Stradinger, Chair; Seat 2, Roz Harris; Seat 3, Donald Wiley; Seat 4, Brad Brown; Seat 5, Tim Sennett, Vice Chair VCDD 11- Seat 1, Scott Renick; Seat 2, Bobby Hoopfer; Seat 3, Scott Robertson; Seat 4, Dan Sprung; Seat 5, Mackie McCabe, Chair SLCDD – Seat 1,Joe Nisbett, Vice Chair; Seat 2, Dr. Randy McDaniel; Seat 3, Al Schmid; Seat 4, Mike Berning, Chair; Seat 5, Gerry Lachnicht NSCUDD – Seat 1, Bob Risser; Seat 2, Charlie Smith, Vice Chair; Seat 3, Gary Davis, Chair; Seat 4, Dominic Berardi, Vice Chair; Seat 5, Allen Vanover; Seat 6, Patricia Francis; Seat 7, Diane Spencer VCCDD – Seat 1, Steve Kurtz; Seat 2, Steve Drake, Chair; Seat 3, Art Rowe; Seat 4, Gary Moyer; Seat 5, Tom Brooks, Vice Chair All emails are first name.last name @ Districtgov.org 4

THERE IS NO MYSTERY! • All Districts are separate government entities (like Town of Lady Lake, Wildwood, Ocala and Sumter County) and are each governed by State of Florida elected officials. • Each District Budget is independent of the others. • All Districts must abide by all applicable State Statutes for Public Records, Open Meetings, Sunshine Laws, Ethics, Auditing, etc. • All financial records, audits, minutes, agendas, and related information are on the web site www.districtgov.org All records are public and are available through a simple request to District Staff (753-4508). 5

THERE IS NO MYSTERY! A copy of this power point presentation is available to anyone who requests it. If you did not provide your email address when you arrived this evening, please contact me if you would like it emailed to you. If you would prefer a hard copy please provide a mailing address or advise if you would like to pick up a copy at our Sumter Landing Office. janet.tutt@districtgov.org or www.districtgov.org 6

Your “District” Dollars! Bond Assessments Amenity Fees Utilities Maintenance Assessments Sanitation Services 7

MONEY AND MONEY AND THE THE DISTRICT DISTRICTS WHERE WHE RE DOE DOES S IT GO? IT GO? Utilities Charge • Monthly Amenity Fee Bill 6604 Amenities to SLCDD and Sanitation Balance to VLS Charge • Monthly Bill • Monthly Bill Maintenance Bond on Your Home Assessments • Annually on your tax Districts 5,6,7,8,9,10 bill or in whole at • Annually on your Tax any time Bill

ALTHOUGH NOT INCLUDED IN THE PRESENTATION, IF YOU HAVE QUESTIONS REGARDING THE FOLLOWING I WILL BE MORE THAN GLAD TO ADDRESS THEM NUMBERED DISTRICT BOND ASSESSMENTS paid annually or in full at any time and pays for infrastructure required to build home that is maintained through the District Maintenance Assessment. UTILITIES – North Sumter County Utility Dependent District (NSCUDD) services the area north of CR466A and south of CR466. North Sumter Utility(NSU) and Village Water Conservation Area(VWCA) bills are issued monthly based on consumption of water/wastewater/irrigation. If you live south of CR466A, your water/wastewater/irrigation is billed by the District on behalf of the private utility systems CSU/SWCA. SANITATION - North Sumter County Utility Dependent District (NSCUDD) services all of Sumter County and bills are issued monthly based on a fixed rate. 9

AMENITY FEES AND MAINTENANCE ASSESSMENTS 10

AMENITY FEES AND MAINTENANCE ASSESSMENTS MAINTENANCE ASSESSMENTS AMENITY FEES PAID ANNUALLY ON TAX BILL PAID MONTHLY ON BILL WITH FOR EACH DISTRICT SANITATION AND UTILITIES Landscaping (ROW Landscaping (ROW & & Common Areas) Common Areas) Stormwater System Stormwater System and retention basins and retention basins Community Watch Multi Modal Paths Recreation Centers and Fences District sponsored Street Lights Activities Gates and Postal Facilities Sign Walls Executive Golf Courses Villa Roads 11 Villages Public Safety Deed Compliance

AMENITY FEES WHAT ARE THEY? WHAT DO THEY PAY FOR? WHAT ARE REVENUES AND EXPENDITURES? 12

AMENITY FEES • Payment of the Amenity Fee is required through the Contract you signed when you bought your home. The Contract requires you to adhere to the Declaration of Restrictions (Restrictions) for your unit/lot. • Amenity Fee is paid in exchange for Amenity Services - It is a FEE FOR SERVICES. • Depending on your Restrictions, your Amenity Fee increases either every year or every three years. • Depending on your Restrictions, your Amenity Fee increase is based on when you purchased your property or signed your contract. • The Amenity Fee increase is based on the CPI and CAN NOT be increased greater than that amount each year(or every three years depending on your Restrictions). • The current rate for all new homebuyers is $145.00/month • There is currently a deferral at $155 which means no resident pays more than $155 per month

AMENITY FEES - 31,141 Amenity Fees (Rooftops) South of CR466 as of 12/31/14 - 6,604 Amenity Fees have been sold by VLS to SLCDD - 24,437 Amenity Fees owned by VLS (As information, there are 21,947 Amenity Fees North of CR466 owned by VCCDD) 14

THIS IS WHERE IT GETS CONFUSING – BUT STICK WITH ME AND IT WILL MAKE SENSE!!!!!!!!!!! 15

AMENITY FEES - 6,604 Amenities (rooftops) in the general geographical area of CDD5 were purchased by SLCDD from the VLS - With the purchase of the amenity revenue stream came specific infrastructure necessary for providing Amenity services (some Recreation Centers, Executive Golf Courses, gate houses, postal parks, etc.) - The revenues from those 6,604 Amenities pay for the operation and maintenance of amenity activities and facilities. - 24,437 Amenities (rooftops), as of 12/31/2014, are currently owned by VLS - The revenues from those 24,437 Amenities pay for the maintenance of amenity facilities within the balance of the geographical area. - VLS pays SLCDD for its portion of the operation, staffing and overhead of amenity activities such as Recreation, Community Watch, Golf, VPSD, Finance, etc. - VLS maintains the Amenity infrastructure it owns such as executive 16 golf courses, recreation facilities, postal facilities, etc.

SUMTER LANDING AMENITY DIVISION (SLAD) FY2014/15 BUDGET $19,903,437 Major Revenues • $ 11,600,481 - Amenity Fees • $ 308,360 - General Government (i.e., Late Penalty Fee, Gate Repair, Access Card Fee, electric reimbursement) • $ 4,234,465 - Public Safety Charges & Fees (i.e., Home/Business Watch, Special Events, VLS share of CW) • $ 446,900 - Parks & Recreation (i.e., Trail Fees, Recreation Events, Green Fees and Cart rental) • $ 2,259,253 - VLS Recreation/Golf Management • $ 813,930 - VLS for contractual services (i.e., IT and Recreation News) 17

SUMTER LANDING AMENITY DIVISION (SLAD) FY2014/15 BUDGET $19,903,437 Major Expenditures • $ 5,251,542 - Professional Services (i.e., Administrative, Community Watch, Property Management, Recreation, Engineering, Legal, Technology) • $ 3,926,042 - Contractual Services (i.e., Janitorial, VPSD, Golf Management Services, Systems Management Support) • $ 603,244 - Utilities • $ 170,143 - Insurance • $ 2,349,909 - Repairs and Maintenance (i.e., Landscape, Buildings, Pools, Gates, Irrigation) • $ 725,999 - Operating Supplies (i.e., Fuel, Recreation Supplies, Operating Supplies, Non-capital FFE) • $ 4,016,003 - Debt Service • $ 292,500 - Printing and Binding • $ 2,250,000 - Transfer to General Reserve 18